iShares MSCI Philippines ETF (NYSEARCA:EPHE – Get Free Report) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 109,236 shares, an increase of 220.5% from the February 12th total of 34,078 shares. Based on an average daily volume of 149,472 shares, the short-interest ratio is presently 0.7 days. Currently, 1.8% of the shares of the stock are short sold. Currently, 1.8% of the shares of the stock are short sold. Based on an average daily volume of 149,472 shares, the short-interest ratio is presently 0.7 days.
Institutional Investors Weigh In On iShares MSCI Philippines ETF
Hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada grew its holdings in iShares MSCI Philippines ETF by 3,416.6% during the 1st quarter. Royal Bank of Canada now owns 56,265 shares of the company’s stock worth $1,423,000 after acquiring an additional 54,665 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. acquired a new position in shares of iShares MSCI Philippines ETF during the second quarter worth $201,000. Mount Lucas Management LP bought a new stake in shares of iShares MSCI Philippines ETF in the second quarter worth $872,000. JPMorgan Chase & Co. acquired a new stake in iShares MSCI Philippines ETF in the second quarter valued at $30,000. Finally, Sun Life Financial Inc. acquired a new stake in iShares MSCI Philippines ETF in the second quarter valued at $7,566,000.
iShares MSCI Philippines ETF Stock Down 1.2%
Shares of EPHE stock traded down $0.31 during mid-day trading on Thursday, reaching $25.07. 314,945 shares of the stock traded hands, compared to its average volume of 190,522. The stock’s fifty day simple moving average is $26.43 and its two-hundred day simple moving average is $25.57. iShares MSCI Philippines ETF has a 1-year low of $23.17 and a 1-year high of $28.40. The company has a market cap of $152.93 million, a price-to-earnings ratio of 10.44 and a beta of 0.61.
About iShares MSCI Philippines ETF
The iShares MSCI Philippines ETF (EPHE) is an exchange-traded fund that is based on the MSCI Philippines IMI 25\u002F50 index, a free float-adjusted market-cap-weighted index of the broader Filipino equity market. EPHE was launched on Sep 28, 2010 and is managed by BlackRock.
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